Prologis (PLD) reported Q1 core funds from operations Wednesday of $1.42 per diluted share, up from $1.28 a year earlier.
Analysts polled by FactSet expected $1.38.
Revenue for the quarter ended March 31 was $2.14 billion, up from $1.96 billion a year earlier.
Analysts surveyed by FactSet expected $1.96 billion.
The real estate investment trust said it maintained its 2025 core FFO guidance of between $5.65 and $5.81 per diluted share. Analysts polled by FactSet expect $5.73.
Shares of the company were up 1% in recent premarket activity.